Mitsui O.S.K. Lines raises full-year dividend forecast despite earnings downgrade

Mitsui O.S.K. Lines, Ltd. (MOL) announced a revision to its dividend forecast for the fiscal year ending March 31, 2026, increasing the year-end dividend from 90.00 yen to 115.00 yen per share. Combined with an interim dividend of 85.00 yen, the annual dividend forecast now stands at 200.00 yen per share, up from the previously announced 175.00 yen. This decision reflects the company's commitment to shareholder returns, considering stable cash flows from strategic investments and its robust financial position.

For the first half of fiscal year 2025 (April 1 to September 30, 2025), MOL reported revenues of 869,772 million yen, operating profit of 71,823 million yen, ordinary profit of 114,607 million yen, and profit attributable to owners of parent of 116,209 million yen. These figures represent a year-on-year decrease in profits, notably a 54.3% decline in ordinary profit and a 53.3% decline in profit attributable to owners of parent.

The full-year consolidated earnings forecast for fiscal year 2025 has been revised downwards compared to the August 1, 2025 announcement. The new forecast projects revenues of 1,750,000 million yen, operating profit of 104,000 million yen, ordinary profit of 152,000 million yen, and profit attributable to owners of parent of 180,000 million yen. Diluted net income per share is now projected at 523.16 yen.